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IRCON INTERNATIONAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of IRCON INTERNATIONAL is 19.83.

Share Price ₹149.6Apr 11,2025
Market Cap ₹14,069.9 Cr
Earnings-TTM₹709.4 CrTTM-Consolidated Results
Price/Earnings19.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of IRCON INTERNATIONAL

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of IRCON INTERNATIONAL is calculated as :

Current Market Cap [ ₹14,069.9 Cr] as on Apr 11,2025

(/) Earnings [ ₹709.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 19.83x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for IRCON INTERNATIONAL , the investors are currently willing to pay 19.83 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of IRCON INTERNATIONAL !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of IRCON INTERNATIONAL over the last five years.

Historical PE (Price/Earnings) ratio chart of IRCON INTERNATIONAL


PE Ratio Performance Analysis for IRCON INTERNATIONAL

- IRCON INTERNATIONAL 's latest p/e ratio is 19.83x.

- IRCON INTERNATIONAL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.28x.

- IRCON INTERNATIONAL 's operated at median p/e ratio of 6.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IRCON INTERNATIONAL 's p/e ratio peaked in Mar2024 at 22.15x.

- IRCON INTERNATIONAL 's p/e ratio hit its five-year low in Mar2020 of 0.74x.


How does IRCON INTERNATIONAL 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
IRCON INTERNATIONAL 709.4219.8314,069.9
LARSEN & TOUBRO LTD16,557.5025.89428,654.0
RAIL VIKAS NIGAM LTD1,214.6959.4372,183.4
IRB INFRASTRUCTURE DEVELOPERS LTD6,727.274.0427,199.7
KEC INTERNATIONAL LTD454.3038.6617,561.2
AFCONS INFRASTRUCTURE LTD498.1731.6815,781.6
KALPATARU PROJECTS INTERNATIONAL LTD518.1529.5815,328.5
NCC LTD830.7215.8513,169.1
TECHNO ELECTRIC & ENGINEERING COMPANY LTD321.0135.8711,513.7
GR INFRAPROJECTS LTD1,013.2810.2410,374.9
ITD CEMENTATION INDIA LTD348.3325.909,023.1

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs IRCON INTERNATIONAL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 4.04x
Max industry PE 59.43x
Median industry PE 25.90x
Average industry PE 27.00x



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